St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-06-29
A RTIcLEs ACKNOWLEDGEMENTS oF THE

u,
the undersigned, do hereby associate our
selves together for the purpose of forming,
creating and organizing n Incorporation ptrsu.
ant of the provisions of chapter 81, of the
General Statutes OF the State of Minnesota,
and the several acts amendatory thereof, and
do hereby adopt and sign the following
articles of interpretations:
First-The name of said corporation is and
shall be the ''St. Paul Belt Railroad Com
pany.'
The general nature of the business of said
corporation shall be to construct, maintain
and operate the railroads hereinafter men
toned for public use in the conveyance of
persons and property, towit:
"A line OF railway OF standard gauge with
one or more tracks extending from con-
yenient point of junction with the tracks of
the st. Paul Union Depot company at or near
the center of Third street. IN the city of st.
Paul, according to the recorded plat thereof;
thence upon the most feasible route, in a
general northerly and northwesterly direc-
non, to q point OF Junction with the
Atlantic railway, hereafter to be located,
within the town of White Bear, so-called,
together with one branch from such line ex-
tending in an easterly direction to point of
Junction with the so-called Minnesota, st.
Croix q Wisconsin railroad in the town OF
New Canada, and another branch extending
from such line in general westerly direc
ton from some convenient point thereupon,
hereafter to be located, to point of juno
ton with the tracks and property of the
Minnesota Transfer Railway COMPANY SO
called. said main line and branches being
seyerally and respectively within the county
of Ramsey and State of Minnesota.
Also a line OF railway of standard
gauge. with one or more tracks
extending from some convenient point
upon the Minnesota d Northwestern
railroad. SO called, hereafter to be located,
within the county of Ramsey or the county
of Dakota in said State of Minnesota, thence
upon the most feasible route in a general
westerly and northwesterly direction, to
point of Junction with the tracks of the Chi
cago, Milwaukee d st. Paul Railway COM
pany and the Minneapolis d St. Louis Rail
way company and the Minneapolis d Pacific
Railway company and the Minneapolis
Eastern Railway company, at or near the
city of Minneapolis, SO called, within the
county OF Hennepin and State of Minnesota.
The principal place of transacting the bust
ness of said corporation shall be and is here
by established and located at the city of
Saint Paul in the State of Minnesota.
Second-The time of commencement of
said corporation shall be and is the date of
the completed filing, recording and publica-
ton of these articles, and said corporation
shall continue for a period of fifty years
from and after said time.
Third-The amount of capital stock of said
corporation is one million five hundred
thousand Isl 5000 dollars and the
same shall be paid in when, and as, and in
such manner as the board of directors mag
by resolution require, subject to the provi-
SlonS OF law IN that behalf.
Fourth-The highest amount of indebted
ness or liability to which said corporation
shall at any time be subject is five million
$4,000, 0OO) dollars
Fifth-The names and places of residence
of the persons forming this association for
incorporation are as follows: Edmund Rice,
Jr., residing at St Paul. Minnesota; William
u. CASTOR, residing at St. Paul, Minnesota;
William Dawson, Jr., residing at st. Paul,
Minnesota; John H. Morrison, residing at
Minnpsnto. in
siding. at st. Paul, Minnesota.
SlXth-The names of the first board of
directors are as follows; Edmund Rice, Jr.,
William G. CASTOR, William Dawson. Jr..
John HI. Morrison and Edwin A. Jaggard
The government of the corporation and the
management of its affairs shall be vested in
board OF directors, five 81 i'll number who
shall be chosen by. the stockholders at the
annual meeting of the corporation held
upon such day in each year as shall from
time to time be designated by the bylaws of
the corporation. Only stockholders shall be
eligible to be directors
The board of directors shall at their first
meeting. elect president, vice president sec
rotary and treasurer, who shall severally and
respectively perform such duties as are
usually performed by like officers of similar
corporations, as well as special duties from
time to time assigned to them by the board
of directors
The board Of directors shall have all the
power and authority in and about the man.
vested or hereafter to be vested in similar
bodies by the laws of Minnesota now in force
or hereafter to be established. each director
shall hold his Office until his successor is
elected and qualified All officers of the
corporation shall be stockholders.
Seyenth-The number of shares of the
capital stock of the st. Paul Belt Railroad
company is fifteen thousand Q5,GOO) and
each share is and shall be of the par value of
one hundred (S100) dollars.
Ia witness whereof, the persons forming
: this association for Incorporation of the ST.
Paul Belt Railroad Company have hereunto,
each for himself, set their hands and seals
this thirteenth Q3th) day of June in the
year of our Lord one thousand eight hundred
and eighty-seyen.
EDMUND RICE, Jr. GSeal.l
WILLIAM G. CASTOR, TSeal1
WILLIAM DAWSON, Jr., Seal i
JOHN H. MORRISON; fSeal.i
EDWIN A. JAGGARD. TSeal
Signed and sealed in the presence of:
ROBERT G. MACKAY,
ERNEST PETERSON.
-. STATE OF MINNESOTA, :,
- COUNTY OF RAMSEY, d.
On this 18th day of June, A. d. 1887, be-
fore me- a notary public in and for the
county and state aforesaid, personally APP
peared Edmund Rice Dr. William G. Gas
ton, William Dawson, Jr., John II. Morrison
and Edwin A: Jaggard, to me known to be
the persons described in and who executed
the foregoing articles of Incorporation of the
st. Paul Belt Railroad company, by setting
t~.@r,. i